FOX Business’ Edward Lawrence gives a timeline of when Americans will start receiving money now that the House has passed the coronavirus spending bill.
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As the IRS works to deliver stimulus checks to American households, it will allow taxpayers who have not already done so to provide their direct deposit information in order to get the money faster.
The Treasury Department is working on a web-based portal that will allow individuals to submit direct deposit details in order to “receive payments immediately as opposed to checks in the mail.”
Treasury Secretary Steven Mnuchin said Friday that people can expect to receive their checks in three weeks – April 17 is when the direct deposits will go into people’s accounts. It is believed that a check in the mail could take longer.
CORONAVIRUS STIMULUS CHECKS: WHO GETS MONEY AND WHEN?
A report from the New York Times alleged it could take…
